In the past years, a large number of evaluations have assessed the impact of European Union's Cohesion Policy, the largest transnational programme for regional development promotion worldwide. In particular, great attention has been devoted to determine the effectiveness of EU funds in improving...

Prior empirical research shows that acculturation in the host country might be positively related to immigrants? labor market outcomes. However, whether acculturation helps highly educated immigrants in the labor market is in question, as they have completed a significant fraction of human...

The author assumes that globalization and its regional and local impacts have an important role in nowadays' economics. Paradoxically, challenges arising from the unification of the world have made the necessity for regional and local answers stronger. The transformation of the labor market...

As an old Chinese proverb says, "visiting monks give better sermons." European soccer clubs also believe this, and have always been seeking for foreign players to boost competitiveness. However, due to the reason of protectionism, there were restrictions that each club was only allowed to field...

Transformation to post-industrial or knowledge-based economies causes changes in the structure of labour markets with growing demand on highly-qualified workforce. In XXI century human capital has become one of the most important production factors determining competitiveness and innovativeness...

In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...

This paper analyzes the development of the labor market in Azerbaijan from the early 1990s until the early 2010s. The analysis shows that the labor market has a range of positive characteristics such as high labor force participation and employment, low youth and female unemployment,...

A traditional way of looking at the importance of universities assumes that these are sources of many positive effects from the point of view of the inputs, i.e. from a demand side perspective. In accordance to this perspective, the importance of a university can be measured by its multiplier...

One of the key issues in economics is the explanation of unemployment and its variation across different economies. Doing so, modern mainstream macroeconomics refers to the effects of financial crises and to institutional structures and their variation across countries. However, unemployment...

As demographic shifts reshape OECD countries, this report delves into the complex interplay between population ageing, decline, and labour market dynamics. Authored by the OECD LEED Programme, it offers a comprehensive analysis supported by insights from international experts. Focused on local...